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2024 U.S. Industry Statistics & Market Forecast - Service Establishment Equipment and Supplies Merchant Wholesalers


Market Size & Industry Statistics

The total U.S. industry market size for Service Establishment Equipment and Supplies Merchant Wholesalers: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics        2019        2020        2021        2022        2023
Market Size
(Total Sales/Revenue)


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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee
Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data



Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.





Forecast / Industry Outlook 2024 2025 2026 2027 2028
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Industry Insights

The Service Establishment Equipment & Supplies Merchant Wholesalers industry has been experiencing a number of significant trends in recent years that are likely to continue into the foreseeable future. These trends are driven by a range of factors including technology, consumer attitudes, and changing market dynamics.

One major trend affecting the industry is the growing demand for environmentally-friendly products. Consumers are becoming increasingly aware of the impact of their purchasing decisions on the environment, and are seeking out products that are made from sustainable materials and have a minimal carbon footprint. Wholesalers in the industry must be able to offer these types of products if they want to remain competitive.

Another trend affecting the industry is the growth of e-commerce. With more and more consumers shopping online, wholesalers must have a robust online presence in order to reach their target audience. E-commerce also enables wholesalers to streamline their logistics and reduce costs, making it an increasingly popular option for businesses in the industry.

Other trends in the industry include increased emphasis on customer service, the adoption of new technologies such as augmented reality and virtual reality, and the growth of mobile applications and other digital tools that enable wholesalers to better connect with their customers. Overall, the Service Establishment Equipment & Supplies Merchant Wholesalers industry is undergoing significant changes as it adapts to meet the needs of a rapidly evolving market.



Product & Services Breakdown

Research products and services in the Service Establishment Equipment and Supplies Merchant Wholesalers industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Beauty And Barber Equipment And Supplies

Beauty And Barber Equipment, Including Furniture And Dryers

Beauty And Barber Supplies, Including Combs, Curlers, And Shampoos

Janitorial Equipment And Supplies

Power Janitorial Equipment

Nonpower Janitorial Equipment

Janitorial Supplies

Commercial Laundry And Dry-Cleaning Equipment And Supplies

Commercial Laundry And Dry-Cleaning Equipment

Commercial Laundry And Dry-Cleaning Supplies

Service Establishment Equipment And Supplies

Burial Caskets And Other Funeral Equipment

Other Service Establishment Equipment And Supplies

Funeral Supplies

Municipal Water Treatment Equipment

Fire Sprinkler Devices And Fire Alarm Equipment

Fire Extinguishers And Fire Safety Equipment

Paper And Plastic Products

Other Paper And Plastic Products

Household Paper And Plastic Products, Including Paper Towels And Napkins

Pharmaceuticals, Pharmaceutical Supplies, Cosmetics, And Toiletries, Including Body And Hand Soaps

Grocery Specialties

Chemicals And Allied Products, Excluding Agricultural Chemicals, Plastics, Industrial And Natural Gases, Liquefied Petroleum (Lp

Industrial And Institutional Sanitation Chemical Solutions, Polishes, And Waxes

Service Receipts And Labor Charges, Including Installed Parts

Labor Charges For Repair Work



U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Net Income
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Service Establishment Equipment and Supplies Merchant Wholesalers company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Service Establishment Equipment and Supplies Merchant Wholesalers industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Service Establishment Equipment and Supplies Merchant Wholesalers measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.



Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 9%

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Top Executives 6%
Chief Executives0%
General and Operations Managers 5%
General and Operations Managers5%
Sales and Related Occupations 25%
Retail Sales Workers 5%
Sales Representatives, Wholesale and Manufacturing 16%
Sales Representatives, Wholesale and Manufacturing 16%
Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products 15%
Office and Administrative Support Occupations 16%
Installation, Maintenance, and Repair Occupations 22%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers 11%
Heavy Vehicle and Mobile Equipment Service Technicians and Mechanics 9%
Mobile Heavy Equipment Mechanics, Except Engines 6%
Other Installation, Maintenance, and Repair Occupations 8%
Industrial Machinery Installation, Repair, and Maintenance Workers 6%
Industrial Machinery Mechanics 5%
Production Occupations 6%
Transportation and Material Moving Occupations 12%
Material Moving Workers 7%
Laborers and Material Movers 6%
Source: Bureau of Labor Statistics


Service Establishment Equipment and Supplies Merchant Wholesalers Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Service Establishment Equipment and Supplies Merchant Wholesalers industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Service Establishment Equipment and Supplies Merchant Wholesalers industry and adjacent sectors:

Market Leaders:
Direct Competitors

Companies with the largest market share, focused in this industry
Market leaders:
Diversified Competitors

Largest companies that have diversified operations in this and other industries
Innovators:
Direct Competitors

Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.
Innovators:
Diversified Competitors

Innovators and Disruptors in adjacent industries that may also affect the Service Establishment Equipment and Supplies Merchant Wholesalers industry.
Source:
IncFact




Innovation News



Recent Federal Contracts for Service Establishment Equipment and Supplies Merchant Wholesalers

  • Feb 27, 2024: NATIONAL INDUSTRIES FOR THE BLIND (Alexandria, VA) awarded $3,364
  • Feb 15, 2024: MISCELLANEOUS FOREIGN AWARDEES (Washington, DC) awarded $18,491
  • Feb 14, 2024: ADVANTAGE SOLUTIONS, LLC (Mesa, AZ) awarded $50,554
  • Feb 07, 2024: TS GOVERNMENT SOLUTIONS, LLC (Canyon Lake, CA) awarded $108,005
  • Jan 25, 2024: BARTELLI, ED PLUMBING & HEATING, INC (Waterford, CT) awarded $229,339
  • Jan 23, 2024: ADVANCE SAFETY EQUIPMENT CO. (Virginia Beach, VA) awarded $31,567